Shariah compliance is a vital element in the operation of Islamic banking business carried out by Islamic banking institutions.In order to strengthen the Shariah governance, the existing legislations regulating Islamic banking business in Malaysia encourage the Islamic financial institutions and Islamic banks in particular, to appoint a member of its Shariah committee (SC) as a member of the Board of Directors (BoD).This article scrutinizes on this issue and the challenges which probably faced by the appointed SC member as member to the BoD of Islamic Financial Institutions.The study found that the suggestion is good to bridge the gap between the SC and the BoD in ensuring Shariah compliance. However it also may invite several legal confli...
The Islamic banking industry has growth remarkable over the past few years. Nowadays, Islamic banks ...
In Malaysia, the Sharῑᶜah Committee established by Islamic banks and takāfuloperators are subj...
Shariah governance is the essence for a comprehensive regulatory and supervisory infrastructure of I...
Shariah compliance is a vital element in the operation of Islamic banking business carried out by Is...
The Shariah Committee (SC) is entrusted with the duties and responsibilities to ensure that the Isla...
The Shariah Committee is entrusted with the duties and responsibilities to ensure that the Islamic b...
Bank Negara Malaysia (BNM) had previously issued a number of statutory requirements in making the es...
Shariah committees (SCs) of Islamic banks have the crucial governance role of providing Shariah comp...
The difference between Islamic banking and conventional banking is that Islamic banking transactions...
Islamic banks in Malaysia must conform to Shariah rules in their operations. Islam’s prohibition of ...
The Sharia Committee is considered as one of the most important parts of the Sharia governance syste...
The Shariah Committee is responsible to ascertain that the banking and financial activities of the I...
Shariah board has been a great spur to the prudence of Islamic banks by ensuring Shariah complianc...
Islamic banks' operations are guided by the principles and values laid down in Islam (i.e., the Sha...
Shariah boards (SBs) play a unique role by providing assurance on religious compliance of Islamic ba...
The Islamic banking industry has growth remarkable over the past few years. Nowadays, Islamic banks ...
In Malaysia, the Sharῑᶜah Committee established by Islamic banks and takāfuloperators are subj...
Shariah governance is the essence for a comprehensive regulatory and supervisory infrastructure of I...
Shariah compliance is a vital element in the operation of Islamic banking business carried out by Is...
The Shariah Committee (SC) is entrusted with the duties and responsibilities to ensure that the Isla...
The Shariah Committee is entrusted with the duties and responsibilities to ensure that the Islamic b...
Bank Negara Malaysia (BNM) had previously issued a number of statutory requirements in making the es...
Shariah committees (SCs) of Islamic banks have the crucial governance role of providing Shariah comp...
The difference between Islamic banking and conventional banking is that Islamic banking transactions...
Islamic banks in Malaysia must conform to Shariah rules in their operations. Islam’s prohibition of ...
The Sharia Committee is considered as one of the most important parts of the Sharia governance syste...
The Shariah Committee is responsible to ascertain that the banking and financial activities of the I...
Shariah board has been a great spur to the prudence of Islamic banks by ensuring Shariah complianc...
Islamic banks' operations are guided by the principles and values laid down in Islam (i.e., the Sha...
Shariah boards (SBs) play a unique role by providing assurance on religious compliance of Islamic ba...
The Islamic banking industry has growth remarkable over the past few years. Nowadays, Islamic banks ...
In Malaysia, the Sharῑᶜah Committee established by Islamic banks and takāfuloperators are subj...
Shariah governance is the essence for a comprehensive regulatory and supervisory infrastructure of I...